Old National Q4 2024 Earnings Report

Old National reported a successful fourth quarter, driven by deposit growth and disciplined management.

Key Takeaways

Old National Bancorp reported a strong fourth quarter with net income applicable to common shares of $149.8 million and diluted EPS of $0.47. Adjusted net income was $156.0 million, with adjusted EPS of $0.49. The quarter benefited from growth in deposits, disciplined expense management, and solid net interest income.

Net income applicable to common shares was $149.8 million, or $0.47 per diluted share.

Adjusted net income was $156.0 million, or $0.49 per diluted share.

Net interest income on a fully taxable equivalent basis was $400.0 million.

Total deposits remained consistent with the previous quarter at $40.8 billion.